GLOTEC

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OTHERS GLOBALTEC FORMATION BERHAD (GFB) Energy Segment: Extension of Heads Of Agreement Signed For Initial Gas Sales From The Tanjung Enims Plan Of Development 1

GLOBALTEC FORMATION BERHAD

Type Announcement
Subject OTHERS
Description
GLOBALTEC FORMATION BERHAD (GFB)
Energy Segment: Extension of Heads Of Agreement Signed For Initial Gas Sales From The Tanjung Enims Plan Of Development 1

Reference is made to the announcement on 10 February 2023 and 22 August 2023 (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board of Directors of GFB, we are pleased to announce that NuEnergy Gas Limited (“NuEnergy”), a subsidiary of GFB which is listed on the Australian Securities Exchange (“ASX”) has today announced on ASX, that Dart TE and PT LARAS ENERGY has on 3 January 2024 mutually agreed to extend the Heads of Agreement (“HOA”):

 

  1. to 30 March 2024; or
  2. upon the execution of Gas Sale and Purchase Agreement between the Parties; or
  3. upon the Parties agree in writing to terminate the HOA before 30 March 2024;

 

whichever comes first.

 

Enclosed is the announcement made by NuEnergy for reference.

 

This announcement is dated 4 January 2024.  

 




Please refer attachment below.



Announcement Info

Company Name GLOBALTEC FORMATION BERHAD
Stock Name GLOTEC
Date Announced 04 Jan 2024
Category General Announcement for PLC
Reference Number GA1-02012024-00051